On September 11, 2024, Gordon Lee, the Chief Accounting Officer of DoorDash Inc (DASH, Financial), sold 2,071 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 97,062 shares of DoorDash Inc.
DoorDash Inc operates a logistics platform that connects merchants, consumers, and dashers in the United States and internationally. The platform facilitates the delivery of food, groceries, and other items from local and national businesses.
Over the past year, Gordon Lee has sold a total of 13,665 shares of DoorDash Inc and has not made any purchases of the stock. This recent sale is part of a broader trend observed within the company, where there have been 103 insider sells and no insider buys over the past year.
On the day of the sale, shares of DoorDash Inc were trading at $129.56. This pricing gives the company a market cap of approximately $54.06 billion. According to the GF Value, an intrinsic value estimate calculated by GuruFocus, the stock is currently modestly overvalued with a price-to-GF-Value ratio of 1.12. The GF Value of $115.62 is derived from historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
For more detailed information on DoorDash Inc's valuation metrics such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, investors are encouraged to visit the respective links.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
